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Topic: Stop or continue trading (Read 1167 times)

legendary
Activity: 2982
Merit: 1028
January 23, 2022, 01:49:28 PM
The market is a lose-lose situation so your capital will stream to other people assuming you settle on awful choices. I figure you should restudy exchanging and read books seeing with regards to it to the extent I realize you should exchange just 1%-5% of your complete capital. Likewise, I think there is an issue with you it resembles betting asking to start again on something after you get a harm.
Allocated budget is very crucial. When it comes to trading, you need to have that deeper knowledge in terms of money management.

There are many traders who at first lose their control and start losing their capital, but when they figure it out
that this tool is very important, they start to trade with a much better outcome.

Study and keep equipping yourself with relevant knowledge. It's the first thing that you should take note when deciding to
invest with unstable market.
full member
Activity: 1050
Merit: 109
1xBit.. recovered their reputation
January 23, 2022, 11:49:53 AM
I have lost all my capital to trading but still yet I feel the urge to trade more, I spent a huge capital to trade some new coins recently and was actively involved in spot trading. But recently I lost all my capital and I decided to give a break but now am feeling I should return back to trading.
there is a wise saying that i remember it is "if you have started something then work hard at it, don't back down"

if you start trading and then lose but you stop then you have cut off the path of knowledge. if it fails then don't give up, correct it immediately and keep using low capital at the beginning because you are still an amateur in trading
full member
Activity: 1026
Merit: 110
Need Bounty manager ? Contact @repear71
January 23, 2022, 10:40:55 AM
I have lost all my capital to trading but still yet I feel the urge to trade more, I spent a huge capital to trade some new coins recently and was actively involved in spot trading. But recently I lost all my capital and I decided to give a break but now am feeling I should return back to trading.
From what I have seen so far spot trading loss is very rare. Because if you hold on for a long time, it will be a loss or a profit, that's normal. And if you buy for a few hours or a few days, the chances of loss are much lower. The profit margin is high and you say you have run out of money. I don't think so. Because it's not a future like Binance that all your dollars will run out at once. Now BTC is in a lot of dumping condition so you can hold the tokens if you want.
hero member
Activity: 1260
Merit: 504
January 23, 2022, 08:35:46 AM
The market is a lose-lose situation so your capital will stream to other people assuming you settle on awful choices. I figure you should restudy exchanging and read books seeing with regards to it to the extent I realize you should exchange just 1%-5% of your complete capital. Likewise, I think there is an issue with you it resembles betting asking to start again on something after you get a harm.
full member
Activity: 1330
Merit: 100
C O M B O
January 22, 2022, 11:48:31 PM
If I were you, I will stop trading at least for a moment, refresh and cold my mind for a while, and let my regret and bad experiences aside.
And I will continue by analyzing and thinking why I was always lost and lost again so much in trading with the previous strategy. There must be something wrong.
I agree with your idea. Don't be too hurry to trade more if someone is not really confident. OP really experienced bad results in his trading, he must feel deep regret. In this situation, stop a moment to evaluate and calm his mind are the best options. OP needs to know what is wrong in his trading way, then he must fix it. If he doesn't evaluate it, he will experience the same situation as before. But to evaluate properly and carefully, OP needs to calm his mind first.

That's true when in one moment while trading we experience failure I don't think that's the end of everything and decide to stop trading,
it's better to just rest and analyze everything,
I think it's a much better and wiser decision but again, everyone has their own decision
hero member
Activity: 2548
Merit: 533
January 22, 2022, 07:59:33 PM
If I were you, I will stop trading at least for a moment, refresh and cold my mind for a while, and let my regret and bad experiences aside.
And I will continue by analyzing and thinking why I was always lost and lost again so much in trading with the previous strategy. There must be something wrong.
I agree with your idea. Don't be too hurry to trade more if someone is not really confident. OP really experienced bad results in his trading, he must feel deep regret. In this situation, stop a moment to evaluate and calm his mind are the best options. OP needs to know what is wrong in his trading way, then he must fix it. If he doesn't evaluate it, he will experience the same situation as before. But to evaluate properly and carefully, OP needs to calm his mind first.

Once you do realize your mistakes then this is where learning would set in and on next time you would do trades then you are somewhat that confident since you had already able to experience it even though it wont really be making you a better trader on point but as you do engage on trades then you would gradually able to make some good decisions which might lead on
becoming a better trader as you do go ahead.Dont rush up on making profits because the market is always open on opportunity, it is really just matters on
how someone would able to sustain this one.
sr. member
Activity: 826
Merit: 263
January 22, 2022, 07:50:00 PM
If I were you, I will stop trading at least for a moment, refresh and cold my mind for a while, and let my regret and bad experiences aside.
And I will continue by analyzing and thinking why I was always lost and lost again so much in trading with the previous strategy. There must be something wrong.
I agree with your idea. Don't be too hurry to trade more if someone is not really confident. OP really experienced bad results in his trading, he must feel deep regret. In this situation, stop a moment to evaluate and calm his mind are the best options. OP needs to know what is wrong in his trading way, then he must fix it. If he doesn't evaluate it, he will experience the same situation as before. But to evaluate properly and carefully, OP needs to calm his mind first.
jr. member
Activity: 62
Merit: 1
January 22, 2022, 12:27:37 PM
Buddy how is that possible you might have traded wrong coins but I think it's not a problem about the coins it's about holding for a longer time you might have sold them off after some accumulations that might be a reason for loosing the funds... But I think you should go back for trading and hold some efficient coins such as dot
hero member
Activity: 2744
Merit: 517
★Bitvest.io★ Play Plinko or Invest!
January 21, 2022, 07:18:36 PM
Well, trading also makes people addicted because that's why emotions are an important thing that we need to control. however, it is very natural to lose in trading, especially when we move without any information, and rely on speculation alone.
Personally, I would probably stop trading and do some observation and research on why I keep losing money doing it. I have thoughts like repeating things without studying and identifying them will only give the same thing.
It is not addictive. It becomes more fun when you're actually earning more and that's why people are staying on it. As you trade, emotion is part of your decisions.
If you're relying on your emotion, you're going to fail in trading. Stopping for a cause is better than continuing like you're aiming fire at no target and just fire it everywhere.
Stopping won't make you little and it's like a meditation time for you to think of what's the next better move that you should do.
yeah, if we quit it doesn't mean we are losers, it is just to see what would be the best thing to do rather than to lose everything we have.
5 times (at least) consecutive losses is a sign already that we have to quit coz it is nowhere to go. It may be we can come back later if we are already prepared and knowledgeable enough, as sometimes we need some break in order to find out where we are getting wrong. This is what I did before and it was the best thing to do.
hero member
Activity: 2786
Merit: 646
January 21, 2022, 06:26:57 PM
When bitcoin was at 65000$ I just leave trading because I was thinking that it will become dip soon.and all you know better that bitcoin suddenly dip too much as we thought. now it is the right time to take entry.
When there is a sudden bull run it will always amount to a follow-up dip which is what is happening currently and again if one is an experienced trader with a lot of skills it will be easy to flow with the market trend and still achieve good profits.
The entire cryptocurrency market has been occupied by a lot of traders with diverse tradiskillsill and signals that help them make good use of the market volatility.
Go with the flow kind of suggestion is something that really easy to say but once you are on the actual situation then you would really be finding it to be hard to determine on what
action you would make neither buy or sell on particular situations.

Trading is never been predictable on the first place that's why mistakes and losses would be inevitable and this is where you should be aware off so that you wouldn't really
be thinking off on quitting directly.

If you do have passion towards this market and handling it out well then you could really take advantage.
People who have the mindset of winning will certainly have a very close chance of winning as well. But if we are a negative mindset, we're gonna have nothing to expect other than losses and then quit. We can make it compare to trading, for as long as we wanted to learn and succeed in this area, we have to be positive as well. However, suffering from great losses will remind us that trading is not just an easy way to gain money but it was also a test of our emotions and mindset. If we are able to win this, we can go further.
Being positive on the sense that you wouldn't easily give up when you do experience losses which is really a part of this career on which you should really be that ready because if not then you would really

make out such reactions or the worst you would totally quit if you aren't prepared that's why you should have that kind of goal in mind.Control your emotions too because you've been dealing

on a market which couldn't really be handled out easily or precisely.Being positive is good but expecting too much would be bad.
legendary
Activity: 2520
Merit: 1721
MrStork Exchange Service
January 21, 2022, 02:03:06 PM
Those are the tips all traders need to know. Also one more thing that I learned is that you earn more money shorting than going long. Price usually drop harder in opposite to going up. I know its agains the nature to go short but that is the place where you earn money.
you are wrong, you don't know about me and the trades i do. I don't use shorting for profit. I only trade on the spot and take advantage of any price fluctuations with the scalping method. Shorting will not always be profitable. 2-way trading does have more options, but the risk of liquidation is also very large.
hero member
Activity: 2912
Merit: 629
January 20, 2022, 11:45:48 PM
Well, trading also makes people addicted because that's why emotions are an important thing that we need to control. however, it is very natural to lose in trading, especially when we move without any information, and rely on speculation alone.
Personally, I would probably stop trading and do some observation and research on why I keep losing money doing it. I have thoughts like repeating things without studying and identifying them will only give the same thing.
in general, it is the thing that needs to be done. make observations about our strategy, and identify the mistakes we have. trading continuously when we lose, it is wrong. as you said, trading can become an addiction when we can't control our emotions. So, when someone keeps trading and makes huge losses, and doesn't observe what he's doing, then I think that person is addicted. well, as often as possible try to adjust your strategy when you lose in a row.
If a trader keep on losing but he still continue what he's doing despite of the result then there's really a problem with the trader itself, yes it might be an addiction. If we lose our capital but we still want to try again, its usual that we're going to think of a strategy to use that can be effective to prevent losses once again.

Thus, if you dont want to repeat the same mistakes in trading its a must to improve your strategy. This way, you can maximize your chance to gain.
legendary
Activity: 2688
Merit: 1004
Sugars.zone | DatingFi - Earn for Posting
January 20, 2022, 10:50:59 PM
Well, trading also makes people addicted because that's why emotions are an important thing that we need to control. however, it is very natural to lose in trading, especially when we move without any information, and rely on speculation alone.
Personally, I would probably stop trading and do some observation and research on why I keep losing money doing it. I have thoughts like repeating things without studying and identifying them will only give the same thing.
in general, it is the thing that needs to be done. make observations about our strategy, and identify the mistakes we have. trading continuously when we lose, it is wrong. as you said, trading can become an addiction when we can't control our emotions. So, when someone keeps trading and makes huge losses, and doesn't observe what he's doing, then I think that person is addicted. well, as often as possible try to adjust your strategy when you lose in a row.
hero member
Activity: 1932
Merit: 622
ROLLBIT > Crypto's Most Rewarding Casino
January 20, 2022, 07:09:00 PM
I have lost all my capital to trading but still yet I feel the urge to trade more, I spent a huge capital to trade some new coins recently and was actively involved in spot trading. But recently I lost all my capital and I decided to give a break but now am feeling I should return back to trading.
If I were you, I will stop trading at least for a moment, refresh and cold my mind for a while, and let my regret and bad experiences aside.
And I will continue by analyzing and thinking why I was always lost and lost again so much in trading with the previous strategy. There must be something wrong.
That is why before starting again to trade, I will ensure that I am exactly ready, not only with capital but also with a new strategy and also based on enough knowledge.
I know that sometimes, trading makes us really addicted, but we must control this emotion. Stop it when it needs, and continue if were exactly ready for everything.
hero member
Activity: 2898
Merit: 590
BTC to the MOON in 2019
January 20, 2022, 05:41:51 PM
When bitcoin was at 65000$ I just leave trading because I was thinking that it will become dip soon.and all you know better that bitcoin suddenly dip too much as we thought. now it is the right time to take entry.
When there is a sudden bull run it will always amount to a follow-up dip which is what is happening currently and again if one is an experienced trader with a lot of skills it will be easy to flow with the market trend and still achieve good profits.
The entire cryptocurrency market has been occupied by a lot of traders with diverse tradiskillsill and signals that help them make good use of the market volatility.
Go with the flow kind of suggestion is something that really easy to say but once you are on the actual situation then you would really be finding it to be hard to determine on what
action you would make neither buy or sell on particular situations.

Trading is never been predictable on the first place that's why mistakes and losses would be inevitable and this is where you should be aware off so that you wouldn't really
be thinking off on quitting directly.

If you do have passion towards this market and handling it out well then you could really take advantage.
People who have the mindset of winning will certainly have a very close chance of winning as well. But if we are a negative mindset, we're gonna have nothing to expect other than losses and then quit. We can make it compare to trading, for as long as we wanted to learn and succeed in this area, we have to be positive as well. However, suffering from great losses will remind us that trading is not just an easy way to gain money but it was also a test of our emotions and mindset. If we are able to win this, we can go further.
hero member
Activity: 2786
Merit: 646
January 20, 2022, 04:22:44 PM
When bitcoin was at 65000$ I just leave trading because I was thinking that it will become dip soon.and all you know better that bitcoin suddenly dip too much as we thought. now it is the right time to take entry.
When there is a sudden bull run it will always amount to a follow-up dip which is what is happening currently and again if one is an experienced trader with a lot of skills it will be easy to flow with the market trend and still achieve good profits.
The entire cryptocurrency market has been occupied by a lot of traders with diverse tradiskillsill and signals that help them make good use of the market volatility.
Go with the flow kind of suggestion is something that really easy to say but once you are on the actual situation then you would really be finding it to be hard to determine on what
action you would make neither buy or sell on particular situations.

Trading is never been predictable on the first place that's why mistakes and losses would be inevitable and this is where you should be aware off so that you wouldn't really
be thinking off on quitting directly.

If you do have passion towards this market and handling it out well then you could really take advantage.
full member
Activity: 854
Merit: 130
January 20, 2022, 02:41:42 PM
When bitcoin was at 65000$ I just leave trading because I was thinking that it will become dip soon.and all you know better that bitcoin suddenly dip too much as we thought. now it is the right time to take entry.
When there is a sudden bull run it will always amount to a follow-up dip which is what is happening currently and again if one is an experienced trader with a lot of skills it will be easy to flow with the market trend and still achieve good profits.
The entire cryptocurrency market has been occupied by a lot of traders with diverse tradiskillsill and signals that help them make good use of the market volatility.
full member
Activity: 1204
Merit: 162
January 20, 2022, 02:16:10 PM
Well, trading also makes people addicted because that's why emotions are an important thing that we need to control. however, it is very natural to lose in trading, especially when we move without any information, and rely on speculation alone.
Personally, I would probably stop trading and do some observation and research on why I keep losing money doing it. I have thoughts like repeating things without studying and identifying them will only give the same thing.
Trading without trading knowledge will only waste money and time. This is done by some newbies who enter the market directly without any knowledge, if only rely on speculation and because of FOMO, of course the results are not as expected. Gradually learning the science of technical analysis will be very helpful in reading the market. emotional control, and good capital management.
Those are the tips all traders need to know. Also one more thing that I learned is that you earn more money shorting than going long. Price usually drop harder in opposite to going up. I know its agains the nature to go short but that is the place where you earn money.
legendary
Activity: 2520
Merit: 1721
MrStork Exchange Service
January 20, 2022, 01:02:51 PM
Well, trading also makes people addicted because that's why emotions are an important thing that we need to control. however, it is very natural to lose in trading, especially when we move without any information, and rely on speculation alone.
Personally, I would probably stop trading and do some observation and research on why I keep losing money doing it. I have thoughts like repeating things without studying and identifying them will only give the same thing.
Trading without trading knowledge will only waste money and time. This is done by some newbies who enter the market directly without any knowledge, if only rely on speculation and because of FOMO, of course the results are not as expected. Gradually learning the science of technical analysis will be very helpful in reading the market. emotional control, and good capital management.
sr. member
Activity: 2366
Merit: 267
Vave.com - Crypto Casino
January 20, 2022, 12:02:21 AM
When bitcoin was at 65000$ I just leave trading because I was thinking that it will become dip soon.and all you know better that bitcoin suddenly dip too much as we thought.now it is the right time to take entry.
no one expected and analysts didn't predict because they expected it to increase, but the reality is that there is a deep correction. of course all beyond anyone's expectations and analysts do not predict this.

if you look at the current bitcoin trend, it is indeed in the range that bitcoin is quite stable. true that it's time to buy and immediately hold it. don't be afraid to continue trading, because next month there will be changes that might be significant, if you look at the past in 2021. but this is only an estimate that has been done by bitcoin and we hope it will happen.
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